Experts urge realistic ‘Deemed Rental Income Tax Laws’ in country
Advocate Supreme Court Umar Gilani laid out legal aspects and implications of the law.
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PHC issues notices to FBR and others in plea challenging vires of 7E ITO 2001
The Peshawar High Court has issued notices in a petition challenging the vires of Section 7E, Income Tax Ordinance, 2001, which imposes tax on Deemed rental income of property which is not…
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LHC urged to strike down amendment in ITO 2001
A plea moved the Lahore High Court (LHC) on Tuesday alleging that the federal government is eating up revenues which rightfully belong to local government. The petitioner, a former chairman Narowal District…
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LHC extends stay against FBR audit of Tareen’s JDW sugar mills
While extending stay order against operation of the Federal Board of Revenue (FBR) audit of estranged Pakistan Tehreek-e-Insaf (PTI) leader Jahangir Khan Tareen’s JDW Sugar Mills on Wednesday, the Lahore High Court…
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